Difference between revisions of "Service"
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(Replaced content with "Service Category:mbi Category:Term Category:The Personal MBA") Tag: Replaced |
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| − | Service | + | In [[The Personal MBA|The Personal MBA]] a ''service '' is defined to be one of the [[Twelve standard Forms of Value|Twelve standard Forms of Value]] (Form of Value #2 of 12). Service can be specially valuable if the skills required to provide the service are hard to acquire. |
| + | =Key Points:= | ||
| + | * A service is a form of value where you help and provide some type of benefit to someone, in exchange of a fee. | ||
| + | * Service-oriented business need you to: | ||
| + | ** Provide a skill (either yourself or through employees) other people require but can’t or don’t want to do by themselves. | ||
| + | ** Make sure that you are providing the service with consistent high quality. | ||
| + | ** Attract and retain paying customers. | ||
| + | * Services can be very lucrative but hard to duplicate, because your time and energy is finite. | ||
| + | * It’s critical to charge enough to compensate the work put into it day after day. | ||
| + | =Questions for Consideration:= | ||
| + | * Does delivering value as a service make sense for your business idea? | ||
| + | * If so, what do you need to plan for to make it successful? | ||
| + | |||
| + | Source: http://book.personalmba.com/service/ | ||
[[Category:mbi]] | [[Category:mbi]] | ||
Latest revision as of 20:02, 27 August 2020
In The Personal MBA a service is defined to be one of the Twelve standard Forms of Value (Form of Value #2 of 12). Service can be specially valuable if the skills required to provide the service are hard to acquire.
Key Points:
- A service is a form of value where you help and provide some type of benefit to someone, in exchange of a fee.
- Service-oriented business need you to:
- Provide a skill (either yourself or through employees) other people require but can’t or don’t want to do by themselves.
- Make sure that you are providing the service with consistent high quality.
- Attract and retain paying customers.
- Services can be very lucrative but hard to duplicate, because your time and energy is finite.
- It’s critical to charge enough to compensate the work put into it day after day.
Questions for Consideration:
- Does delivering value as a service make sense for your business idea?
- If so, what do you need to plan for to make it successful?
